Yen-denominated merchandise exports soared 49.6% annually in May, on the back of April’s 38.0% jump. May’s reading marked the strongest...
Latest Global Economic News
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Japan: Exports skyrocket in May on low base effect -
Japan: Core machinery orders growth eases in April Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Latvia: Inflation comes in at highest level since September 2019 in May Consumer prices rose 0.45% in May over the previous month, following April’s 0.91% increase. May’s result marked the softest rise... -
China: Industrial output records slowest expansion since December 2020 in May Industrial production expanded 8.8% year-on-year in May (April: +9.8% yoy). May’s outturn marked the worst reading since December 2020 and... -
China: Nominal fixed investment disappoints in May Nominal urban fixed asset investment increased 15.4% in year-to-date terms in May, which followed April’s 19.9% increase. May’s outturn marked... -
Norway: Norges Bank leaves rate unchanged in June; hints at September hike At its monetary policy meeting on 16 June, the Executive Board of Norges Bank once again voted to keep the... -
France: Harmonized inflation continues upward trend in May Consumer prices rose 0.32% from the previous month in May, picking up from the 0.10% increase seen in April. The... -
United States: Fed keeps rates at effective floor in June; projects earlier rate hike At its meeting on 15–16 June, the Federal Open Market Committee (FOMC) decided to hold the target range for the... -
Dominican Republic: Inflation comes in at highest level since October 2008 in May Consumer prices rose 0.65% in May over the previous month, accelerating from the 0.41% increase logged in April amid faster... -
Brazil: COPOM hikes SELIC for third time in a row in June; turns more hawkish At its 15–16 June meeting, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank delivered its third consecutive hike—as expected—when...